UAA - Under Armour's gloomy FQ4 results prompts company to undertake restructuring plan
2024-05-16 08:17:51 ET
Under Armour ( NYSE: UAA ) shares were deep in negative territory in Thursday’s premarket trading as the company’s failure to manage inventories, disappointing promotional campaigns, and strategic missteps resulted in disappointing results for FQ4, and profit guidance for FY25 that was significantly below Wall Street’s expectations. ...
Under Armour's gloomy FQ4 results prompts company to undertake restructuring plan